Allied Gaming & Entertainment Inc. · NASDAQ:AGAE
Allied Gaming & Entertainment — Proxy Contest (July 2025)
30 slides from Allied Gaming & Entertainment's proxy contest presentation, July 2025
Slide 1: Clear Strategic Direction with Initiatives Gaining Traction
Clear Strategic Direction with Initiatives Gaining Traction July 2025 (NASDAQ: AGAE) 1 2025 ©, Allied Gaming and Entertainment, All Rights Reserved.
Slide 2: Legal Disclaimer
Legal Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation contains certain forward-looking statements under federal securities laws. Forward-looking statements may include our statements regarding our goals, beliefs, strategies, objectives, plans, including product and
Slide 3: Allied has a strategic plan for improving returns
Catalyze more rapid revenue growth through organic investments, Allied has a 1 JVs, acquisitions and prudent capital allocation strategic plan for Organic Growth. Carefully and responsibly invest in opportunities improving returns 2 that accelerate growth within our existing businesses Strategic par
Slide 4: Company Timeline
Company Timeline 2019-2022 2023-2024 2025 • Allied Esports Entertainment, Inc. begins • Acquires 40% and board control of Z-Tech, boosting • Holds first-ever World Mahjong Tour trading on Nasdaq in August, 2019 revenue and mobile games development capabilities tournament at HyperX Arena • Company se
Slide 5: Expanding into a Wider Range of Gaming & Entertainment
EXPANDING INTO A WIDER RANGE OF GAMING & ENTERTAINMENT FULLY EMBRACING BLOCKCHAIN & AI TECHNOLOGIES ALLIED ESPORTS ALLIED EXPERIENTIAL ALLIED MOBILE ALLIED INTERNATIONAL ENTERTAINMENT ENTERTAINMENT INVESTMENT • Esports gaming & • Live concert shows organizing, • Casual mobile gaming • Real assets ac
Slide 6: Disciplined Capital Allocation Plan
Disciplined Capital Allocation Plan Organic Growth Compelling internal investment opportunities across existing businesses, with the potential to deliver meaningful long-term value to shareholders Acquisitions Disciplined approach to acquisitions, continuously evaluating opportunities within or alig
Slide 7: Corporate Governance Highlights
Corporate Governance Highlights • Stockholders can take action by written consent • Stockholders can call special meetings • Six of our seven directors are independent • The Audit, Compensation, and Nominating and Governance Committees are composed entirely of independent directors • The Board of Di
Slide 8: Business Gaining Traction
Business Gaining Traction Revenue ($Millions) • Refined strategic $9.1 priorities $7.7 $6.4 $5.0 • Improved existing operations • Increased revenues by FY'21 FY'22 FY'23 FY'24 19% YoY in 2024 8
Slide 9: Strong Balance Sheet with Significant Dry Powder
Strong Balance Sheet with Significant Dry Powder BALANCE SHEET (AS OF 3/31/2025) Cash and Short-term Investments $70.8 Million Total Assets $117.9 Million Total Liabilities $45.0 Million Total Stockholders' Equity $72.9 Million AMPLE CAPITAL PROVIDES FLEXIBILITY FOR ALLIED TO IMPLEMENT STRATEGIC PLA
Slide 10: 12 Month Peer Stock Comparison
12 Month Peer Stock Comparison AGAE also significantly outperforming peer set over prior 3-year, and 5-year periods as of June 25, 2025, the Company’s record date 10 (1) NIP Group calculations based off initial price of $9 from IPO on July 26, 2024.
Slide 11: Disciplined Governance & Management
Disciplined • DEEP EXPERTISE IN GAMING & ENTERTAINMENT • OPERATING EXPERIENCE IN BOTH NORTH AMERICA AND ASIA Governance & • STRATEGIC LONG-TERM FOCUS ON MAXIMIZING VALUE FOR ALL Management • SHAREHOLDERS MANAGEMENT ALIGNED WITH STOCK PRICE AND Alignment SHAREHOLDER INTERESTS • CONSERVATIVE CAPITAL A
Slide 12: Proxy Related Slides
Proxy Related Slides 12
Slide 13: Activist Actions Disrupting Business Operations
Activist Actions Disrupting Business Operations After 2 years demonstrating Knighted’s lack of interest in JUNE 2025 working constructively with MARCH & NOVEMBER 2024 Knighted runs company and diverting Knighted files lawsuits in both expensive MARCH 2022 March & November, resulting in proxy battle
Slide 14: Allied's Current Plan Vs. Knighted's Plan
Allied’s Current Plan Vs. Knighted’s Plan Allied’s Plan Knighted’s Plan • Drive organic growth by investing in opportunities that accelerate growth • Knighted has never proposed any within our existing businesses business plan at all – despite having • Execute strategic partnerships that are several
Slide 15: Knighted Wanted to Bet AGAE's Future on Two Value-Destroying Acquisitions
KNIGHTED WANTED TO BET AGAE’S FUTURE ON TWO VALUE-DESTROYING PROPOSED ACQUISITIONS TARGET COMPANY 1 TARGET COMPANY 2 • High risk children’s film and digital content • Business on the verge of closing and draining creation firm cash • Negligible revenue at time of proposal • Business losing ~$700,000
Slide 16: Dissident Shareholder - Knighted is Destroying Your Shareholder Value
Dissident Shareholder - Knighted is Destroying Your Shareholder Value Knighted wants to take control of your company • Trying to take control without paying investors a premium for control • Attempting to control the board without majority ownership Knighted has no strategy or experience • Not a sin
Slide 17: AGAE Board Nominees Highly Qualified
AGAE Board Nominees Highly Qualified GUANZHOU QIN JINGSHENG LU MAO SUN • Two decades of leadership experience spanning Fortune • Extensive expertise in entertainment, gaming, corporate • Decade of leadership experience in finance, corporate 500 corporations, public companies, global technology finan
Slide 18: AGAE Board Nominees Highly Qualified
AGAE Board Nominees Highly Qualified ROY ANDERSON YUSHI GUO CHI ZHAO • Accomplished financial executive and audit expert with • Proven entrepreneur, management and human resources • Seasoned professional in public affairs, philanthropy, and deep experience advising and leading high-growth consultant
Slide 19: Knighted's Candidates Lack Key Attributes
Knighted’s Candidates Lack Key Attributes WALTER IVEY DELPH III JENNIFER VAN DIJK ROY CHOI X Lack of Asia Pacific operating experience X Lack of Asia Pacific operating experience X Lack of interest in engaging with company X The candidate lacks significant experience operating • Lacks any formal ope
Slide 20: Knighted's Candidates Lack Key Attributes
Knighted’s Candidates Lack Key Attributes PETER CHUN HOWARD DONALDSON ADAM RYMER X Lack of Asia Pacific operating experience X Lack of Asia Pacific operating experience X Lack of Asia Pacific operating experience X The candidate lacks significant experience operating X The candidate lacks significan
Slide 21: In Summary
In Summary • AGAE has laid out a clear-cut strategy for future growth and long-term value creation • The Company has consistently grown revenue, while preserving cash to support strategic initiatives • AGAE continues to be led by a strong management team and board with extensive relevant experience
Slide 22: Appendix Slides
Appendix Slides Allied Gaming & Entertainment Companies
Slide 23: Allied Esports International
Allied Esports International • Own and operate HyperX Arena HyperX Arena • Own and operate Omen Mobile Arena • Expertise organizing and hosting events and tournaments • Experienced content creators and distributors with originals including: Mobile Arena 23
Slide 24: Programming & Content Snapshot
Programming & Content Snapshot ALLIED ORIGINALS Original content produced by Allied, Ninja Vegas ‘18, ELEVATED, PlayTime with Cup, Odyssey, Allied Esports R6 Minor, CS:GO Legend Series COMMUNITY PROGRAMMING Hundreds of weekly and quarterly esports tournaments programming completed in the last 6 yea
Slide 25: Allied Mobile Entertainment
Allied Mobile Entertainment Beijing Lianzhong Zhihe Technology Co. (“Z-Tech”) Allied has board control and owns 40% of Z-Tech, a prominent mobile games developer and operator, specializing in the innovation, research, development and operation of premium card and Mahjong casual games. Catalogue of p
Slide 26: Allied Experiential Entertainment
Allied Experiential SKYLINE MUSIC ENTERTAINMENT AGAE has a controlling interest of this joint-venture based in Entertainment Macau that specializes in the organization and promotion of live entertainment. DEVELOPMENT OF PROPRIETARY SHOW IP Past and Upcoming Events • Hosted inaugural show, a Walk off
Slide 27: Introducing World Mahjong Tour
Introducing World Mahjong Tour AGAE recently formed World Mahjong Tour (“WMT”), an exciting new venture to follow proven and sustainable business model utilized by World Poker Tour. Mahjong, a centuries-old Chinese game based on skill, REVENUE TO BE DRIVEN THROUGH: strategy, and luck, has had a resu
Slide 28: Tokenizing the Physical World
Tokenizing the Physical World Real World Asset (RWA) Strategy for Properties, Content and IP 28
Slide 29: Market Opportunity
Market Opportunity ✓ Massive Market Size: RWA tokenization projected to reach $10–16(1) trillion by 2030 ✓ Unlocking Illiquid Value: Real estate, collectibles, IP rights, and commercial contracts can be tokenized, turning illiquid assets into tradable, fractionalized instruments, with low barriers t
Slide 30: Business Model
Business Model ✓ • Revenue via token sales, trading fees, and platform transactions ✓ • Loyalty staking programs and IRL x Web3 cross-utility ✓ • Monetize venue access, content IP, and community engagement Venue Equity Commercial Real Estate Tournament & Content IP Tokenization Revenue Tokenization
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